HDB Feb 2024 Punggol BTO
Photo Courtesy of Housing Development Board
Matilda Riverside
Matilda Riverside redefines waterfront living with its 7 blocks (10-19 storeys) offering 962 2-room Flexi, 3-, 4-, and 5-room flats, nestled beside the tranquil Punggol Reservoir. Two designated blocks offer 64 rental flats, fostering a diverse and inclusive atmosphere. Embrace a convenient lifestyle with diverse amenities like a residents' network centre, preschool, multi-storey car park with a rooftop garden, and a vibrant common green featuring playgrounds, fitness stations, and a multi-purpose court. Whether you're seeking family fun, fitness, or relaxation, Matilda Riverside has it all.
BTO Location
Site Plan
Matilda Riverside BTO project is aimed and targeted at young couples who value living away from the hustle and bustle of the city. It offers a tranquil and peaceful living as it is surrounded by nature walks and a riverside view. Residents who embrace walking, cycling and riding will find this location to be convenient and pleasant.
Upon the completion of this project, there will be new bus shelters built along Sumang Lane to serve the project to ensure ease of pick-ups and drop-offs from the residential blocks. The new bus shelters route will be served by bus services from Punggol MRT and Bus Interchange.
Project Details
District:
Nineteen (19)
Town:
Punggol
Housing Model:
Standard
Estimated Waiting Time:
37 Months
Unit Mix
2 Room Flexi (Type 1)
68 Units
2-Room Flexi (Type 2)
203 Units
3-Room:
112 Units
4-Room:
358 Units
5-Room:
221 Units
Total Units
962
Unit Layout and Budgeting
2 Room Flexi - Type 1
Estimated Floor Area:
39 SQM/419 SQFT
Estimated Internal Floor Area:
36 SQM/387 SQFT
Estimated Price Range Excluding Grants:
S$131,000 - S$177,000
Subjective to changes anytime upon selection
Breakdown of Payment
Based on an average price of:
$154,000
20% Down Payment:
$30,800 (Cash/CPF)
80% Loan:
$559 Monthly Payment
Based on 2.6% HDB Loan Interest Rate and 25 Years Loan
For a more concised breakdown, read this article
2 Room Flexi - Type 2
Estimated Floor Area:
48 SQM/516 SQFT
Estimated Internal Floor Area:
46 SQM/495 SQFT
Estimated Price Range Excluding Grants:
S$158,000 - S$221,000
Subjective to changes anytime upon selection
Breakdown of Payment
Based on an average price of:
$189,500
20% Down Payment:
$37,900 (Cash/CPF)
80% Loan:
$688 Monthly Payment
Based on 2.6% HDB Loan Interest Rate and 25 Years Loan
For a more concised breakdown, read this article
3-Room
Estimated Floor Area:
69 SQM/742 SQFT
Estimated Internal Floor Area:
66 SQM/710 SQFT
Estimated Price Range Excluding Grants:
S$242,000 - S$296,000
Subjective to changes anytime upon selection
Breakdown of Payment
Based on an average price of:
$269,000
20% Down Payment:
$53,800 (Cash/CPF)
80% Loan:
$976 Monthly Payment
Based on 2.6% HDB Loan Interest Rate and 25 Years Loan
For a more concised breakdown, read this article
4-Room
Estimated Floor Area:
94 SQM/1011 SQFT
Estimated Internal Floor Area:
90 SQM/968 SQFT
Estimated Price Range Excluding Grants:
S$318,000 - S$429,000
Subjective to changes anytime upon selection
Breakdown of Payment
Based on an average price of:
$373,500
20% Down Payment:
$74,700 (Cash/CPF)
80% Loan:
$1,355 Monthly Payment
Based on 2.6% HDB Loan Interest Rate and 25 Years Loan
For a more concised breakdown, read this article
5-Room
Estimated Floor Area:
114 SQM/1277 SQFT
Estimated Internal Floor Area:
110 SQM/1184 SQFT
Estimated Price Range Excluding Grants:
S$464,000 - S$582,000
Subjective to changes anytime upon selection
Breakdown of Payment
Based on an average price of:
$523,000
20% Down Payment:
$104,600 (Cash/CPF)
80% Loan:
$1,898 Monthly Payment
Based on 2.6% HDB Loan Interest Rate and 25 Years Loan
For a more concised breakdown, read this article
Surrouding Lifestyle Essentials
-
17 Minutes Walk to Sumang LRT
25 Minutes walk to Punggol MRT
10 - 15 minutes Shuttle Bus to Punggol MRT
Bus 382, 382A, 382G
-
Sheng Shiong Supermarket
Block 231 Sumang Lane Kopitiam
218 Hawker Centre
-
Punggol Green Primary School
Yusof Ishak Secondary School
Valour Primary School
Edgefield Secondary School
Punggol View Primary School
Edgefield Primary School
Punggol Cove Primary School
-
Punggol Point Park
Punggol Waterway Park
Punggol Reservoir
Coney Island Park
-
One Punggol
SAFRA Punggol
Punggol Regional Library
-
Waterway Point
Northshore plaza I
Northshore Plaza II
Recommended Articles
BTO Blueprint: From Application to Keys
Disclaimer:
This blog post is meant for general information only, not as financial, investment, real estate, or legal advice. While I strived to provide accurate and up-to-date information, it's crucial to remember that circumstances change, and this content may not apply to your specific situation. I cannot be held responsible for any decisions made based on the information presented here.
Wrapping up…
That is all for the Feb 2024 BTO Launch! Every person who applies for BTO has their reasons. From staying near parents, looking at future potential gains, preferring a certain unit’s floor plan, pricing or even staying away from the city.
Prioritise which reasons are the most important for you and choose the project that is the most ideal for you.
Do not hesitate to reach out if you have any questions related to your BTO journey!
Pang Chun Enn
R065301I